Motorola Firing 3,000, Mostly From Cellphone Division (MOT)

Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellphone division. But the company didn't specifically announce layoffs during its earnings presentation.

Now we know how many people the cellphone maker will fire, via the WSJ: 3,000, including about 2,000 from its cellphone business. This in addition to the 10,000 job cuts Motorola announced since early last year.

Motorola posted another loss this morning and warned that things will probably get worse before they get better: Because the company is radically overhauling its cellphone business, many gadgets scheduled for the first half of next year will be canceled ahead of new product launches in the second half.